Pursuant to the meeting of Minister of Plantation Industries and Commodities, Datuk Zuraida Binti Kamaruddin with the IVPA delegation, at New Delhi, Wan Aishah Wan Hamid, CEO, MPOC, on behalf of Malaysian Palm Oil Council (MPOC) and Sudhakar Desai, President on behalf of Indian Vegetable oil Producers Association (IVPA), signed an MoU to further the cooperation between the two Organizations on 28th July 2022 on the sidelines of MIACES’22 at Kuala Lumpur.
MOU is expected to continue to enhance and expand the co-operation in areas of mutual interest.
The MoU was exchanged in the presence of the Honorable Minister Datuk Zuraida Binti Kamaruddin, in the presence of Larry Sng Wei Shien, Chairman MPOC, Mad Zaidi Mohd Karli, Deputy Secretary General of the Ministry of Plantation Industries and Commodities, Faisal Iqbal, Director, MMD, MPOC, Dr Bhavna Shah, Regional Head, India, Sri Lanka, Nepal & Bangladesh, N P Singh, Second Secretary (Labour), High Commission of India, Vipin Gupta, Vice-President, IVPA and Hemant Bansal, Vice-President, IVPA.
MPOC, having its registered office in Kuala Lumpur, Malaysia, has collaborated with IVPA to promote and create opportunities for the greater acceptance of Malaysian Palm Oil among Indian consumers, food manufacturers and other end users.
IVPA, an apex body of Vegetable Oils Producers, was established as a Not-for-Profit Organization in 1977, having its registered office in New Delhi to help and foster the development and growth of the Indian Vegetable oils and Fats and allied industry. IVPA represents stakeholders from across the Edible Oil Value Chain.
The vision of IVPA is to Promote Sustainability, Economic Growth and Excellence in the Edible Oils and Oilseeds Value Chain in India, and IVPA has been a Credible Voice in the Indian Oil & Oil seeds Industry. IVPA advocates and provides inputs for Policies that increase Stakeholders’ Value and Spur Economic Growth in the country.
The MoU interalia covers various areas of cooperation, including:
Educate Indian consumers on the nutritional and health benefits of palm oil. Promote Malaysian Sustainable Palm Oil by enhancing trade opportunities by identifying, sharing and highlighting the latest opportunities for Certified Malaysian palm oil.
Exchange palm oil, edible oils and fats related business, technical, policy and administrative information, data and material through its research bodies.
MPOC will extend their cooperation to promote `Atmanirbhar Bharat’ by assisting the Indian Palm oil industry in sourcing technical know-how.
Jointly create an expert panel to assist the development of India’s palm oil industry by providing information and expertise on the latest technology applications and adoptions both upstream and downstream.